Newmont Mining News

Goldcorp says Peru and Nevada would make portfolio perfect

Goldcorp Inc. CEO David Garofalo says he’s happy with his company’s portfolio of assets, but that doesn’t mean he doesn’t have a wish list.

Newmont profit soars on higher gold prices, claims top bullion miner title

Despite seeing gold output decline by 2%, Newmont claimed the title of world’s biggest bullion producer as it surpassed rival Barrick by 16,000 ounces in the first three months of the year.

New Responsible Mining Index highlights gaps in industry transparency and execution of policies

One of the main findings from the report disclosed transparency as the greatest factor keeping companies from maximizing their score.

Operations restarted at Newmont's gold mines in Ghana -spokesman

Operations were shut down on Saturday following an accident in which six construction workers were killed.

Barrick chairman Thornton boosts ownership with major share buy

The boss of the world's top gold miner has bought 306,000 additional shares in the company.

Barrick moves forward with plan to make every employee an owner

The gold miner’s employees will receive this year 90 shares each, taking the total held by staff to more than 1.5 million shares.

Barrick to hike gold output as Newmont gets too close to being world’s top producer

Miner is advancing a pipeline of projects expected to contribute more than 1 million ounces of annual production starting in 2021.

Barrick clings to top gold miner title as Newmont falls short

About 50,000 ounces — roughly 125 gold bars — is all that stands in the way of Newmont overtaking Barrick as world's No.1 bullion miner.

Copper, iron ore price jump sparks rally in mining stocks

Top listed copper producer Freeport jumped 7.4% and with Vale – up 6% – was among the NYSE's top 10 most actively traded stocks.

Newmont's cost-cutting, production plans: 'We've only just begun'

With seven greenfield projects Denver gold miner on track to increase global share of gold production to 5%.

Newmont raises output target for 2018, lowers expected costs

The world’s No.2 gold miner is also planning to boost dividend by at least 50% next year, based on balance sheet improvements and the performance of its gold mines.

Investors pile into Peru’s $2 billion Michiquillay copper project

Companies have until Nov. 2 to sign up for the auction and the winner will be announced on Dec. 20

Newmont begins production at Tanami expansion project in Australia

Company expects to increase gold production at Tanami by 80,000 ounces annually, reaching between 425,000-475,000 ounces a year.

Peru to auction $2 billion Michiquillay copper project in November

The massive project is expected to process close to 80,000 tonnes of copper ore a day.

Newmont Mining reshuffles management in Australia

Newmont Mining Corporation has appointed experienced miner Alex Bates to lead the company’s business in Australia.

Beyond the Mine: Newmont publishes 2016 Sustainability Report

Newmont Mining Corporation today published Beyond the Mine, the Company’s annual report on its progress toward achieving its purpose – to create value and improve lives through sustainable and responsible mining.

Newmont open to new partner to expand Yanacocha gold mine in Peru

A potential expansion would allow South America's largest gold mine generate about 200,000 ounces of the precious metal per year between 2020 and 2025

Freeport halts Grasberg mine, begins sending workers home

The firm has not been able to ship copper from the mine in over a month due to a ban on concentrate exports that kicked in on January 12.

Freeport may curb Indonesia operations if Grasberg deal delayed further

Miner says that each month of delay in obtaining approval to export means production would be reduced by 70 million pounds of copper and 70,000 ounces of gold.

Freeport may resume copper exports from Indonesia in ‘a day or two’ — authorities

Government is considering to extend the miner a temporary permit, valid for up to six months, which would pave the way for Freeport to resume exports from Grasberg.

Nickel prices plummet as Indonesia eases export ban

Far-reaching new mining rules ease a controversial ban on exports of nickel ore and bauxite.

Newmont begins production at its Suriname gold mine

Merian gold mine was completed on time and more than $150 million — about 20% — below its initial capital budget.

Newmont’s own investigation shows it violated international standards, and its own

Denver-based Newmont Mining “prioritized eviction and litigation over dialogue” in its fight to acquire Goldman Prize winner Máxima Chaupe’s land in Peru.

Newmont ranked mining industry leader by Dow Jones Sustainability World Index for second year in a row

Newmont was the first gold company named to the index in 2007, and has been included on the DJSI North America Index every year since 2006.

Rising gold price not lifting all boats

Two major gold stocks shot up by more than 40% in July, but there's been notable losers with Goldcorp dropping to fourth most valuable gold miner.